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German-built floating dock for ship repairs arrives in Jamaica

The floating dock, of the German Ship Repair Jamaica (GSRJ) shipyard is in the country.
 
The  facility, which forms part of phase-one of the project, arrived in the country late August.
 
The project is being executed with funds from Sagicor Bank, to the tune of US$18 Million.
 
Sagicor says so far, 14 Jamaicans have received training through the GSRJ's Dual Apprenticeship Programme, supported by the HEART/NSTA Trust and the Caribbean Maritime University.
 
All of them have been employed to work at the shipyard. 
 
President and CEO of Sagicor Group Jamaica Christopher Zacca, says "the project is directly linked to nation-building, and creates a new revenue stream for Jamaica".
 
Approximately 16,000 ships operate in the region daily and the shipyard capacity currently requires less than one per cent of this number annually to operate a robust business. 
 
The dry dock facility is expected to service its first ship in late November 2023 and officially open in January 2024.
 


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